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Q&A: How to combine credit cards, to pay them off in one lump sum?

December 14th, 2011

How to combine credit cards, to pay them off in one lump sum?
I have two credit cards with debt of 7,000 with both cards combined. Is there a way that I can combine those credit cards and lower the payment and pay them in one lump sum? I just want to get rid of these [...]

How many credit cards can you have before they drop your credit score?

December 13th, 2011

How many credit cards can you have before they drop your credit score?
I heard having too many credit cards can lower your FICO score even if you pay them full each month. How many can you get before they drop your score?
I had problem getting a credit card when I had no credit history and [...]

How many credit cards can you have before they drop your credit score?

December 13th, 2011

How many credit cards can you have before they drop your credit score?
I heard having too many credit cards can lower your FICO score even if you pay them full each month. How many can you get before they drop your score?
I had problem getting a credit card when I had no credit history and [...]

How often can one open credit cards without affecting your credit score?

December 11th, 2011

How often can one open credit cards without affecting your credit score?
I have been using rewards cards and paying off the balance for years. I have read that applying for new credit card wont affect your record if you only get one, and don’t open too many in a short period of time. Not sure [...]

Q&A: I want to consolidate my credit cards debt and get rid of high interst rates. What is the best way to do this?

December 7th, 2011

I want to consolidate my credit cards debt and get rid of high interst rates. What is the best way to do this?
I have 4 credit cards with approx. $ 25,000.00 worth of debt on them. I would like to get ahold of a non-profit debt counseling service in order to get rid [...]